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07-09-1984RICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY SPECIAL MEETING JULY 9, 1984 6:45 P.M. Chairman Harms called the meeting to order at 6:45 P.M, COMMISSIONERS PRESENT: Harms, Helmberger, Ludeman, Luettinger, Hassenstab. STAFF PRESENT: Executive Director Cartwright, Community Development Director Kraft, Administrative Services Director Rankin. ITEM 1, ON IDERA TON~OF~THE CI Y ATTORNEY'S RECOMMENDATION TO REESTABLISH JUST COMPENSATION FOR THE PURCHASE OF PROPERTY ON THE GODFATHER BLOCK FOR THE MARKET PLAZA PROJECT. Assistant City Attorney, John B. Dean, described the background concerning this matter. He said the quick-take action concerning the Godfather Restaurant property has been in district court proceedings and has also been actively discussed with the attorneys representing the property owner. Mr. Dean said the City Attorney's office is recommending a reduction in the Just Compensation amount set by the HRA in order to limit the Just Compensation only to the value of the property needed to be used immediately for the project. He said it is recommended that the HRA take action to reestablish the Just Compensation for the praperty from $1,029,283 to $142,000 for the reduced amount of property. M/Luettinger, S/Hassenstab, be made _a~~art o~ ~tnese minutes: RESOLUTION N0. 249 RESOLUTION APPORTIONING JUST COMPENSA'1'IOId - GODFATHER RESTAURANT SITE Poll of votes: Ayes -Helmberger, Ludeman, Luettinger, Hassenstab and Harms. Nays - None. Motion carried. This resolution appears as Resolution No. 249 in Resolution Book No. 3. M/Luettinger, S/Ludeman, to ad~ourn_the Special i~ieeting of the HRA. All voted aye. Motion carried. - ~~ The meeting was adjourned at 6:50 P.M. HRA Special Meeting -2- Date Approved: July 16, 1984 an Helmberger Secretary July 9, 1984 G~~21Gt'~ ~~L_ homas E. Harms Chairman 1